{"id":1807,"date":"2019-10-28T13:08:47","date_gmt":"2019-10-28T18:08:47","guid":{"rendered":"https:\/\/www.sunbeltnetwork.com\/dayton-oh\/?p=1807"},"modified":"2022-08-04T20:31:57","modified_gmt":"2022-08-04T20:31:57","slug":"finish-big-great-entrepreneurs-exit-companies-top","status":"publish","type":"post","link":"https:\/\/www.sunbeltnetwork.com\/dayton-oh\/finish-big-great-entrepreneurs-exit-companies-top\/","title":{"rendered":"Finish Big – How Great Entrepreneurs Exit Their Companies on Top"},"content":{"rendered":"

Information from this article has been mined from the book \u201cFinish Big\u201d by Bo Burlingham, by permission of the author.<\/em><\/p>\n

\u201cEvery entrepreneur exits.\u00a0 It\u2019s one of the few absolute certainties in business.\u00a0 Assuming you\u2019ve built a viable company, you can choose when and how you exit, but you can\u2019t choose whether.\u00a0 It\u2019s going to happen.\u00a0 You can count on it.\u201d<\/p>\n

While this is a fact, it still often comes as a shock to business owners.\u00a0 With their heads down, focusing on the daily activities of their business, many owners don\u2019t look up and strategically plan for their future.\u00a0 Decisions about their exit are often made by forces outside of their control \u2013 health, owner fatigue, age, burnout, or a loving spouse encouraging them to retire.\u00a0 When unplanned, the owner also isn\u2019t in control of timing, price and net proceeds at the close.<\/p>\n

However, it doesn\u2019t need to end this way.\u00a0 With thoughtful planning an owner can be in control.\u00a0 Here are the five elements of a good exit, as outlined by the author:<\/p>\n